{"title":"Tying Innovation to Strategy","authors":"M. Wehde","doi":"10.1109/TEMSCON.2018.8488453","DOIUrl":null,"url":null,"abstract":"Many organizations struggle when trying to align innovation efforts with their strategic plans. In fact, often the focus on productivity negatively impacts a company's ability to innovate. This paper discusses this tension and identifies a mechanism for aligning innovation efforts with the strategy of the organization. It will also discuss the challenges of assigning value to innovation activities and provide some straightforward metrics which can be used to quantify the results.","PeriodicalId":346867,"journal":{"name":"2018 IEEE Technology and Engineering Management Conference (TEMSCON)","volume":"46 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2018-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"2018 IEEE Technology and Engineering Management Conference (TEMSCON)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1109/TEMSCON.2018.8488453","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
Many organizations struggle when trying to align innovation efforts with their strategic plans. In fact, often the focus on productivity negatively impacts a company's ability to innovate. This paper discusses this tension and identifies a mechanism for aligning innovation efforts with the strategy of the organization. It will also discuss the challenges of assigning value to innovation activities and provide some straightforward metrics which can be used to quantify the results.